For the quarter ended September 30, 2016, Infosys on Friday registered 4.95 per cent rise in consolidated net profit at Rs 3,606 crore for the quarter ended September 30, 2016 against Rs 3,436 crore in the sequential quarter ended June 30, 2016.

Domestic benchmark indices plunged over 2.50 per cent this week as market sentiments were marred by looming pessimism on rising tension between India and Pakistan after the Indian Army conducted surgical strikes across LoC in Pakistan on Wednesday night.

Auto stocks are on a roll since the beginning of the ongoing financial year on hopes of rising demand from rural consumers buoyed by robust monsoon and salary hike of government employees after 7th Pay Commission.

Indian stock markets started higher on Thursday with BSE Sensex rising more than 100 points as blue-chip shares of India's second-largest IT company Infosys and country's largest housing financier HDFC contributed considerably to the upsurge.

The country's GDP growth will accelerate to 7.5 per cent this financial year, from 6.6 per cent in the last fiscal, on better performance from the industrial and agricultural sectors, a report said today.

Cab-hailing firm Uber will re-invest profits in its products and technology, emerging markets like India and to scale up its Uber Eats and JUMP businesses globally, its chief executive Dara Khosrowshahi said.